/grants

Qubic Grant Program

Qubic Grant-Program

Applications are now open until August 31th.

Grant-Program webpage

Introduction

The Qubic Grants Program aims to foster the development of high-quality smart contracts and solutions that enhance the Qubic ecosystem. We encourage proposals that address various needs within the ecosystem, such as:

  • Liquidity Pools
  • Name Service
  • Derivatives Contracts
  • Token Insurance
  • Lending Protocols
  • Developer tools
  • SC Builder for dummy’s
  • Token creation
  • Crowdfunding platform
  • Freelance work contracts / Automate pay-roll: Leveraging the feeless Qubic transfers for streaming payments
  • Carbon Credits Trading
  • Loyalty programs
  • Bounty program
  • DeFi Yield Farming
  • Data Marketplaces
  • UI/UX QX
  • UI/UX Quottery
  • Multisign and User Interface
  • Tradehistory TXs
  • Mixing Service
  • Decentralized voting
  • UX to interact with SC
  • Other Projects: Any other smart contracts that can serve as fundamental infrastructure for future developments.

Program Objectives

  • High-Quality Smart Contracts: Ensure that developed contracts meet the highest standards of quality and security. This includes rigorous testing and code reviews to guarantee reliability.
  • Reusability: Support the creation of smart contracts that can be used by other projects within the Qubic ecosystem. This encourages standardization and efficiency in development.
  • Ecosystem Growth: Facilitate the creation of tools and services that drive the adoption of the Qubic platform. By providing necessary infrastructure, we aim to attract more developers and projects to Qubic.

Application Process

The grant application process will be conducted in batches, with specific grant windows open for a designated period. This approach allows for thorough review and selection of proposals while fostering a strong community of applicants. By organizing the grants in batches, we can provide better support and engagement for each cohort, enhancing collaboration and ensuring a high standard of development within the Qubic ecosystem. Please refer to the Qubic website for the current grant window timelines and submit your proposal within the designated time frame.

  1. Initial Proposal: Submit a detailed proposal through the Qubic website using our application form. The form will ask for details such as your company/project name, website URL/GitHub, personal information (first name, last name, country, email address), a detailed description of the proposal, funding amount requested, a plan and approach with costing and rationale, team member backgrounds and experience, and how your proposal benefits the Qubic ecosystem.
  2. Review and Selection: Our team will review the proposals and select the most promising ones based on their potential impact, feasibility, and alignment with Qubic’s goals.
  3. Development and Delivery: Selected developers will receive funding based on the completion of key milestones, ensuring accountability and encouraging thorough testing. The funding will be distributed in four tranches:
    • Milestone 1: Initial setup and basic functionality - 25%
    • Milestone 2: Mid-development review and progress demonstration - 25%
    • Milestone 3: Beta version delivery and testing phase - 25%
    • Milestone 4: Final deployment and full functionality - 25%
  4. Evaluation and Audit: The smart contracts will be evaluated and audited to ensure they meet the program’s requirements. This includes code reviews, security audits, and performance testing.

Detailed Proposal Requirements

  • Concept Validation: The proposal must include a well-researched or tested concept, ideally with evidence of prior work. Demonstrate the feasibility and potential impact of your project.
  • Technical Design: A detailed technical design is required. The more comprehensive, the better. Include diagrams, flowcharts, and any other relevant documentation.
  • Relevant Experience: Proven experience with relevant languages (e.g., C++) and front-end implementations. Provide examples of past projects or contributions to similar technologies.
  • Sustainable Development: Demonstrate that the project will be maintained after the grant is completed, either through a commitment to the technology, additional funding sources, or an existing business model. Outline your plans for long-term support and updates.
  • Innovation: Highlight how the application stands out among competitors or implements technology that is not yet present in the ecosystem. Show how your project will add unique value.
  • Open Source: All produced code must be open-source and should not rely on closed-source software for full functionality. Preferred licenses include Apache 2.0, GPLv3, MIT. All projects must comply with the terms of the Anti Military Licence.
  • Token Sales: Projects planning a token sale are not eligible for grants. Focus on community benefit without requiring a specific token. Explain how your project will enhance the ecosystem without financial incentives.
    • Exceptions: There will be exceptions, such as token swaps with other communities that benefit the interoperability and use of Qubic’s technology, and some other specific cases.
  • Multiple Grants: A team can apply for several grants. Outline how you plan to manage multiple projects and ensure quality across all of them.
  • Legal Compliance: We do not fund projects that encourage criminal activities. Ensure that your proposal adheres to all relevant laws and regulations.

Project Guidelines

  • Documentation: Comprehensive documentation explaining the functionality. This should include user guides, API documentation, and technical specifications.
  • Tutorials: Video tutorials to explain user interfaces are highly encouraged. These tutorials will help users understand and utilize the smart contracts effectively.